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Dec 5, 2012
12/12
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WBAL
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. >> reporter: today, president obama and house republicans are locked in a politicalstair staredown. >> we can probably solve it in a week, it is not that tough, we need that breakthrough that says we need to do a balanced plan. >> although the president seems obsessed about raising taxes on you, we feel it is not the right direction to go. >> reporter: it comes down to a tug of war over taxes. the president's proposal, increasing rates on americans making more than $250,000, to raise 1.6 trillion over a decade. house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. an
. >> reporter: today, president obama and house republicans are locked in a politicalstair staredown. >> we can probably solve it in a week, it is not that tough, we need that breakthrough that says we need to do a balanced plan. >> although the president seems obsessed about raising taxes on you, we feel it is not the right direction to go. >> reporter: it comes down to a tug of war over taxes. the president's proposal, increasing rates on americans making more than...
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Dec 6, 2012
12/12
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CSPAN
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first conversation in a week. president obama spoke about the fiscal negotiations to a group of corporate c.e.o. oomplet and see the president shaking their hands. president obama's remarks are coming up here on c-span. we wanted to let you know from secretary treasury geithner. if republicans don't agree to higher tax rates. in speaking to business executives today, the president said he thinks republicans might be willing to agree to higher tax rates on the wealthy. mr. obama is introduced by the c.e.o. of boeing. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. and i know personally from my work in the last three years on the export council that the outreach to us is again you inand we know you are seeking solutions that was outlined very sincerely this morning when we met with jack and the rest of the team.
first conversation in a week. president obama spoke about the fiscal negotiations to a group of corporate c.e.o. oomplet and see the president shaking their hands. president obama's remarks are coming up here on c-span. we wanted to let you know from secretary treasury geithner. if republicans don't agree to higher tax rates. in speaking to business executives today, the president said he thinks republicans might be willing to agree to higher tax rates on the wealthy. mr. obama is introduced by...
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Dec 5, 2012
12/12
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CSPAN
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proposal that was released earlier this week. president obama is at 9:00 eastern and then speaker boehner. at the museum today, florida senator marco rubio sat down with michaelen of "politico." he answered questions about the fiscal cliff. republican outreach to hispanic voters and a potential campaign for president. this is 45 minutes. [applause] >> thank you very much. you had a late night. >> not really. >> is bob still here? what would you like to ask senator rubio? [laughter] >> are you still doing this? >> ask him a real question. this is a great chance. >> last night you talked about a new direction for the republican party. and one of the things that you talked about is education. and how to make higher education cheaper, how to reform pell grants. what will be the number one thing that you would do, that you can do as a freshman minority senator? >> well, i don't think there is a number one thing. i think there's a number of number one things, you have to do them all. the biggest obstacle we face as a 21st century doesn
proposal that was released earlier this week. president obama is at 9:00 eastern and then speaker boehner. at the museum today, florida senator marco rubio sat down with michaelen of "politico." he answered questions about the fiscal cliff. republican outreach to hispanic voters and a potential campaign for president. this is 45 minutes. [applause] >> thank you very much. you had a late night. >> not really. >> is bob still here? what would you like to ask senator...
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Dec 5, 2012
12/12
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MSNBCW
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they've already started this week. i think all of you probably got the e-mail from stephanie cutter, the deputy campaign manager, reaching out to the millions of obama supporters, asking them to post a story about how a $2,000 tax break, which is at stake on december 31st, would help them. meanwhile, all these republican candidates progressive groups, anybody who has something up in 2014, their mouths are watering for this data. and the obama campaign for now is not saying what they're going to do with it. i think they'll wait till closer to the inauguration. louis romano reports in the story now leading "politico" that they may form a nonprofit group to maintain it. it probably won't go over in the democratic national committee. it's so valuable, they're going to keep it to support the president's agenda. and one way to do that is democratic candidates. they'll eventually get to use it, but they won't get to hold it. >> all right. very good. mike allen, thank you so much. it's always great talking to you. >>> and comi
they've already started this week. i think all of you probably got the e-mail from stephanie cutter, the deputy campaign manager, reaching out to the millions of obama supporters, asking them to post a story about how a $2,000 tax break, which is at stake on december 31st, would help them. meanwhile, all these republican candidates progressive groups, anybody who has something up in 2014, their mouths are watering for this data. and the obama campaign for now is not saying what they're going to...
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president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand th
president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to...